John Healey eyes windfall tax raid on banks and oil giants ahead of Autumn Budget

GB News 30 Aug United Kingdom

Chancellor John Healey is preparing to target some of Britain's most profitable industries as he searches for billions to shore up the public finances. The move would spare ordinary taxpayers from bearing the burden of his first major fiscal statement. Mr Healey is actively weighing windfall taxes on both banks and oil companies ahead of his Autumn Budget on 28 October, according to The Telegraph.

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